Wine Asylum

Napa Cab prices

66.169.240.113

Glancing thru the current Wine Spectator yesterday (I sheepishly admit to looking for my score)
and I have to say I think I'm out of touch. The prices ( the focus of the issue is Napa Cabs) are unbelievable. Many, many bottles from wineries I've never heard of over $100. Plenty over $200.
Maybe none under $50.
I can't imagine there are enough investment bankers and hedge fund managers to buy up all of these wines! The rush to China seems to have cooled, so who is buying these?
Steve

Follow Ups:

Who is buying? - mkuller 20:50:45 10/22/12 (3)
- I have Dunn and Spottswoode loyalty from days gone by. These new guys whose first release is 250 bucks....crazeeee. - Enophile 21:35:50 10/22/12 (2)
  - I have some cabs... - mkuller 21:46:28 10/26/12 (0)
  - RE: I have Dunn and Spottswoode loyalty from days gone by. These new guys whose first release is 250 bucks....crazeeee. - triodesteve 11:16:50 10/23/12 (0)
Lots of wineries with bulging caves... - Enophile 19:43:37 10/21/12 (1)
- RE: Lots of wineries with bulging caves... - triodesteve 08:57:04 10/22/12 (0)
Not I.... - jimbill 09:11:29 10/20/12 (0)

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